Paramus, NJ Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Paramus, New Jersey Market population: 26K. Compare commercial properties across all major asset classes...
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12 properties found
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⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Paramus NJ Properties: 1.5500%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Paramus NJ
Common questions from investors exploring commercial real estate in Paramus NJ.
What makes Paramus, NJ an attractive market for real estate investment?
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The combination of a high median household income of $97,395, a relatively low poverty rate of 3.7%, and a diverse population with top ethnicities including White, White Non-Hispanic, and Asian, suggests a stable and attractive market for real estate investment, with a strong demand for housing driven by its thriving industries such as Construction, Finance & Insurance, and Manufacturing.
How does the commute time and health insurance coverage impact the quality of life for residents and potential tenants in Paramus, NJ?
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The average commute time of 29.6 minutes, with top commute methods including Drove Alone, Worked At Home, and Public Transit, indicates a relatively convenient and flexible commute, while the high health insurance coverage rate of 94.9% suggests a stable and healthy population, making it an attractive location for residents and potential tenants, with a low poverty rate of 3.7% further reinforcing the quality of life.
What are the key factors that contribute to the stability of the housing market in Paramus, NJ?
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The high homeownership rate of 85.3%, combined with a median property value of $552,700 and relatively high median property taxes of $7,724, suggests a stable and established housing market, with a strong sense of community and low turnover rates, while the diverse population and thriving industries provide a solid foundation for long-term growth and stability.
How does the ethnic diversity and industry mix in Paramus, NJ impact the demand for housing and real estate investment opportunities?
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The diverse population with top ethnicities including White, White Non-Hispanic, and Asian, and the mix of industries including Construction, Finance & Insurance, and Manufacturing, suggests a strong and stable demand for housing, with a wide range of potential tenants and buyers, and a relatively low poverty rate of 3.7% and high health insurance coverage rate of 94.9% further reinforcing the attractiveness of the market for real estate investment.
What are the implications of the Gini coefficient and foreign-born rate for real estate investment in Paramus, NJ?
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The Gini coefficient of 0.439, which indicates a moderate level of income inequality, combined with a foreign-born rate of 34.4%, suggests a diverse and dynamic population, with a wide range of potential tenants and buyers, and a relatively high median household income of $97,395, while the low poverty rate of 3.7% and high health insurance coverage rate of 94.9% provide a stable foundation for real estate investment, with opportunities for growth and appreciation in property values.
Paramus NJ Real Estate & City Facts
Key facts and real estate information about Paramus NJ.
What are some of the best neighborhoods to live in Paramus?
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Some of the best neighborhoods to live in Paramus include Spring Valley, West Paramus, and Southern Paramus, which are known for their walkability, safety, and community connection. Additionally, neighborhoods like Midland Ave and Fair Lawn Heights are also popular for their peaceful and family-friendly environments.
What are some fun things to do in Paramus?
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There are plenty of fun things to do in Paramus, including visiting the Bergen County Zoological Park, shopping at Westfield Garden State Plaza, and playing a round of golf at the Paramus Golf Course. You can also check out the Outlets at Bergen Town Center or visit the nearby Shooting Zone for some archery fun. If you're looking for something more low-key, take a stroll through the beautiful Orchard Hills Golf Course.
What is the food scene like in Paramus?
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The food scene in Paramus is diverse and exciting, with a range of restaurants serving everything from Spanish and Portuguese cuisine at El Cid, to Korean BBQ at Seoul Galbi, and Japanese ramen and sushi at Shokudo Ramen & Sushi. You can also find great Italian food at Savini, and delicious brunch options at Willow & Whisk. There are also plenty of great food trucks and hidden gem restaurants to discover, like Gao and Wyckoff Thai for Thai food, and Tawara for Japanese cuisine.
What are the pros and cons of living in Paramus?
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One of the pros of living in Paramus is its safe and welcoming community, with plenty of family-friendly neighborhoods and activities to enjoy. The city also has a strong economy and good schools, making it an attractive option for families and professionals. However, one of the cons is that Paramus can be quite busy and traffic-heavy, especially during rush hour. Additionally, the cost of living in Paramus is relatively high, with expensive housing and taxes. Overall, Paramus is a great place to live for those who value convenience, safety, and community, but may not be the best fit for those on a tight budget.
Is Paramus a good place to live?
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Paramus is a great place to live for many people, offering a unique blend of suburban charm and urban convenience. With its safe and welcoming community, good schools, and plenty of things to do and see, Paramus is an attractive option for families and professionals. However, the high cost of living and busy traffic may be drawbacks for some. Ultimately, whether or not Paramus is a good place to live depends on your individual priorities and preferences. If you value convenience, safety, and community, and are willing to pay a premium for it, then Paramus may be an excellent choice for you.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Paramus NJ Commercial Property: $97,395
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
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⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
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⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
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